-
By Matthew Brockett and Stefan Riecher, Bloomberg |
October 4, 2012
European Central Bank President Mario Draghi said the bank is ready to start buying government bonds as soon as the necessary conditions are fulfilled by any countries needing assistance.
-
By Rebecca Christie, Bloomberg |
September 28, 2012
The European Commission responded to a letter from Germany and France urging action on a financial-transaction tax by reiterating that nine countries must submit formal requests for the plan to move forward.
-
By Joseph Ciolli and Neal Armstrong, Bloomberg |
September 24, 2012
The euro declined to a one-week low against the dollar after a gauge of German business confidence unexpectedly dropped in September, adding to concern the debt crisis is hindering the region’s economy.
-
By Anne-Sylvaine Chassany, Bloomberg |
September 20, 2012
European banks pledged last year to cut more than $1.2 trillion of assets to help them weather the sovereign-debt crisis. Since then they’ve grown only fatter.
-
By Karin Matussek, Bloomberg |
September 12, 2012
Germany’s top constitutional court rejected bids to block ratification of a permanent euro-area rescue fund, while ruling the country’s 190 billion-euro ($245 billion) contribution can’t be increased without legislative approval.
-
By Matthew Brockett, Bloomberg |
September 6, 2012
European Central Bank President Mario Draghi said policy makers agreed to an unlimited bond-purchase program to regain control of interest rates in the euro area and fight speculation of a currency breakup.
-
By Jana Randow and Jeff Black, Bloomberg |
September 5, 2012
European Central Bank President Mario Draghi’s bond-buying proposal involves unlimited purchases of government debt that will be sterilized to assuage concerns about printing money.
-
By Rainer Buergin, Bloomberg |
August 27, 2012
Germany and France agreed to drive ahead measures on closer European integration in a renewed show of unity by the region’s two biggest economies to fix the crisis in the Eurozone.
-
By Emma Charlton and Lucy Meakin, Bloomberg |
July 24, 2012
Spanish bonds fell, pushing five- and 10-year yields to euro-era records, as the nation’s borrowing costs rose at an auction amid concern its banks’ and regions’ debts will force it to seek a sovereign bailout.
-
By Nikolaj Gammeltoft and Lu Wang, Bloomberg |
July 12, 2012
Global stocks slid for a seventh day, the longest slump since November, amid concern a faltering economic recovery will hurt corporate profits.
